Hanuman Nagar Residential Market Value
Hanuman Nagar Residential Market Value — Narsapur, Siddipet (Urban) Mandal, Siddipet
The IGRS Telangana market value of Hanuman Nagar Residential in Narsapur, Siddipet (Urban) mandal, Siddipet District is Rs 2,100 per sq.yard for land. Apartment rates: Ground floor Rs 1,500/sq.ft, First floor Rs 1,500/sq.ft, Other floors Rs 1,500/sq.ft.
All Classifications
| Classification | Land Rate (Rs/sq.yd) | Ground Floor (Rs/sq.ft) | 1st Floor (Rs/sq.ft) | Other Floors (Rs/sq.ft) |
|---|---|---|---|---|
| 01(Residential) | 2,100 | 1,500 | 1,500 | 1,500 |
| 01(Residential) | 2,100 | 1,500 | 1,500 | 1,500 |
| 01(Residential) | 2,100 | 1,500 | 1,500 | 1,500 |
| 01(Residential) | 2,100 | 1,500 | 1,500 | 1,500 |
| 01(Residential) | 2,100 | 1,500 | 1,500 | 1,500 |
Source: IGRS Telangana market value data (Registration & Stamps Department, registration.telangana.gov.in), rates effective 1 Feb 2022. Last updated on TG Verified: .
Methodology: Every rate for Hanuman Nagar Residential is copied as-is from the IGRS unit rate (market value) register — land in Rs per sq.yard, apartments in Rs per sq.ft by floor, agricultural land in Rs per acre. We do not estimate, average or adjust values; counts and ranges on this page are computed directly from those records. Confirm the applicable rate with the Sub Registrar Office before registration.
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HANUMAN NAGAR RESIDENTIAL Market Value — NARSAPUR, SIDDIPET
IGRS Market Value of HANUMAN NAGAR RESIDENTIAL, Narsapur (Siddipet Urban), Telangana (2026)
As of 2026, the HANUMAN NAGAR RESIDENTIAL market value in NARSAPUR village, SIDDIPET (URBAN) mandal, SIDDIPET district is guided by Telangana IGRS (Stamps & Registration) rates under Classification: 01 (Residential). The notified IGRS market value is Rs 2,100 per sq.yard for land. For apartments, the benchmark is uniform at Rs 1,500 per sq.ft across Ground floor, First floor, and Other floors.
What this market value means for buyers and sellers
The HANUMAN NAGAR RESIDENTIAL market value is the government’s reference rate used to compute registration charges and often influences negotiation. If your deal value is lower than IGRS, duties are typically calculated on the higher IGRS value—important for budgeting and documentation.
Is it premium or affordable within Narsapur?
Within Narsapur, a residential rate of Rs 2,100/sq.yd is generally positioned as affordable-to-mid segment rather than premium, especially since apartment floors are not priced higher for upper levels (all at Rs 1,500/sq.ft), indicating steady, end-user driven demand.
Registration cost estimate (example)
- Plot size: 100 sq.yards
- IGRS value: 100 × 2,100 = Rs 210,000
- Stamp duty (5.5%): Rs 11,550
- Registration (0.5%): Rs 1,050
- Transfer duty (1.5% municipal): Rs 3,150
Buyer advice for Hanuman Nagar
- Match your agreement value with the HANUMAN NAGAR RESIDENTIAL market value to avoid duty surprises.
- For flats, use Rs 1,500/sq.ft as the IGRS base across floors while comparing builder quotes.
- Verify classification as 01 (Residential), plot measurements, and encumbrance details before registration.
